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Mineral Resources MIN.AX · AUD

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48.83

+4.81%

Close of 9 Nov 2026, in AUD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in AUD, from our data supplier.

FY2026

Revenue

A$6.46bn

FY2017FY2026

Net income

A$1.06bn

FY2017FY2026

Free cash flow

A$902.0m

FY2017FY2026

Shareholders' equity

A$4.34bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
RevenueA$6.46bnA$4.47bnA$5.28bnA$4.78bnA$3.42bnA$3.73bnA$2.12bnA$1.51bnA$1.63bnA$1.46bn
Operating incomeA$1.61bnA$99.0mA$395.0mA$554.4mA$757.9mA$1.73bnA$545.0mA$317.6mA$593.5mA$300.4m
Net incomeA$1.06bn−A$904.0mA$125.0mA$243.3mA$349.2mA$1.27bnA$1.00bnA$163.7mA$272.5mA$201.4m
Diluted earnings per share5.32-4.570.631.231.826.755.330.871.451.07

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assetsA$12.88bnA$11.93bnA$12.23bnA$8.40bnA$7.60bnA$5.72bnA$4.63bnA$3.16bnA$2.09bnA$1.83bn
Cash and short-term investmentsA$1.59bnA$443.0mA$908.0mA$1.38bnA$2.43bnA$1.54bnA$1.52bnA$265.4mA$240.4mA$378.2m
Total liabilitiesA$8.07bnA$8.27bnA$8.65bnA$4.87bnA$4.33bnA$2.48bnA$2.34bnA$1.78bnA$780.8mA$702.4m
Debt—A$5.76bnA$5.34bnA$3.23bnA$3.13bnA$1.26bnA$1.29bnA$1.14bnA$239.3mA$274.7m
Shareholders' equityA$4.34bnA$3.23bnA$3.54bnA$3.48bnA$3.23bnA$3.20bnA$2.26bnA$1.36bnA$1.29bnA$1.11bn
Shares outstanding200m198m197m197m192m188m188m188m188m187m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operationsA$2.09bn−A$475.0mA$1.45bnA$1.35bnA$279.8mA$1.31bnA$594.6mA$186.1mA$411.4mA$295.5m
Capital spending−A$1.18bn−A$2.16bn−A$3.76bn−A$1.82bn−A$999.9m−A$759.7m−A$390.9m−A$792.2m−A$330.4m−A$207.0m
Free cash flowA$902.0m−A$2.63bn−A$2.31bn−A$467.2m−A$720.1mA$549.7mA$203.7m−A$606.1mA$81.0mA$88.6m
Dividends paid−A$124.0m−A$46.0m−A$170.0m−A$401.5m−A$324.3m−A$324.6m−A$96.1m−A$93.5m−A$102.0m−A$72.9m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Mar 2023
RevenueA$3.41bnA$3.05bnA$2.18bnA$2.29bnA$2.76bnA$2.51bnA$2.43bnA$1.21bn
Operating incomeA$949.0mA$662.0mA$168.0m−A$972.0m−A$303.6mA$376.0mA$835.3mA$52.3m
Net incomeA$566.0mA$495.0m−A$95.0m−A$809.0m−A$412.3mA$537.3m−A$145.3m−A$72.7m
Diluted earnings per share2.842.50-0.48-4.10-2.092.72-0.74-0.37
Cash from operationsA$1.21bnA$880.0mA$181.0m−A$656.0mA$824.0mA$624.0mA$536.0mA$536.0m
Capital spending−A$591.0m−A$593.0m−A$714.0m−A$1.44bn−A$2.12bn−A$2.14bn−A$539.0m−A$539.0m
Free cash flowA$615.0mA$287.0m−A$533.0m−A$2.10bn−A$1.29bn−A$1.52bn−A$3.0m−A$3.0m
Total assetsA$12.88bnA$11.93bnA$11.93bnA$12.52bnA$12.23bnA$10.95bnA$8.40bnA$8.40bn
Cash and short-term investmentsA$1.59bnA$671.0mA$443.0mA$720.0mA$908.0mA$1.38bnA$1.38bnA$1.38bn
DebtA$5.70bnA$5.52bnA$5.76bnA$5.80bnA$5.34bnA$4.93bnA$3.28bn—
Shareholders' equityA$4.34bnA$3.73bnA$3.23bnA$3.31bnA$3.54bnA$3.95bnA$3.48bnA$3.49bn

Financial ratios

Data as of 5 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2015FY2014FY2013FY2012
Operating margin24.9%-14.8%7.5%11.6%22.2%46.2%————
Net margin16.4%-20.2%2.4%5.1%10.2%34.0%————
Return on equity24.4%-28.0%3.5%7.0%10.8%39.6%————
Return on assets8.2%-7.6%1.0%2.9%4.6%22.2%————
Free cash flow yield32.6%16.9%52.7%32.0%13.3%21.9%————
Revenue growth44.5%-15.3%10.4%39.8%-8.5%75.7%————
Earnings growth-217.4%-823.2%-48.6%-30.3%-72.5%26.5%————
Current ratio1.61x1.06x1.07x2.77x3.73x2.07x————
Debt to equity1.31x1.76x1.38x0.88x0.91x0.34x————
Equity ratio33.7%27.0%29.0%41.4%42.5%56.0%————
Interest coverage2.95x-1.70x1.51x2.38x6.14x18.01x————
R&D as a share of sales——————4.4%4.5%4.5%4.8%
Buybacks as a share of market value-0.8%-0.4%0.1%-2.6%-2.2%0.2%————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.6%11.6%18.6%
Operating income42.7%-1.4%—
Net income63.4%-3.5%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin15.6%12.7%18.3%19.0%
Net margin1.4%2.5%7.6%10.4%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings9.1-11.954.056.842.58.37.018.910.719.7
Price to sales1.52.41.32.94.32.83.32.01.82.7

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 8 Sept 2026.

FY2027FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.831.2863.1432.502.5290.7710.7570.829

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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